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Monday, November 14, 2011

No forcible taking of vehicles on default of loan payment: SC

No forcible taking of vehicles on default of loan payment: SC NEW DELHI: The Supreme Court has warned financial institutions and banks against forcible taking away of vehicles under hire-purchase agreement when there is a default in payment of loans and said they could be saddled with punitive costs if they did ... No forcible taking of vehicles on default of loan payment: SC

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